#Liquidity101
📈 DOT Under the Microscope!
In the midst of long and short liquidations, the Polkadot (DOT) token stands out as a smart player trying to break through the resistance at 4.07 after a strong rebound from the bottom of 3.89.
The candles on the hourly frame show a gradually increasing buying momentum, while the volume is clearly on the rise, indicating a return of interest in the pair.
Today's markets are dominated by "focused liquidation" movements, and DOT is no exception... but interestingly, it still maintains a short-term upward trend despite the selling pressure.
Do you think DOT is capable of breaking through 4.07 and launching towards 4.30? Or does it need more accumulation?
Stay tuned, the next candle may hold the market's decision!
